iOCO CEO Rhys Summerton’s naartjie theory of share buybacks
iOCO CEO Rhys Summerton iOCO will not pay a dividend for as long as Rhys Summerton is at the helm of the company, the IT services group’s CEO said on Wednesday. Instead, he plans to spend a sizeable chunk of the R650-million he expects iOCO to bring in over the next year on acquisitions and…